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Property profile & analytics
OFF-MARKET
Retail space
429 James St, Shafter, CA 93263-2034
Individually Owned
4-yr Hold
Free & Clear
Property ID
US10-3160171
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
WOOD
Total area
5,935 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C2
APN
027-160-19-00-8
UPID
US10-3160171
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jorge Fonseca · 4 yrs held
Jorge Fonseca
since 2021
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
C2 · Shafter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Shafter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shafter submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,633
Tax year 2023
Assessed value
$393,720
Assessed 2023
Previous assessed
$393,720
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$71,400
Assessed improvement
$322,320
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
2
Total area
5,935 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C2
APN
027-160-19-00-8
UPID
US10-3160171
Jurisdiction
KERN
Zoning & alternative use
C2 · Shafter, CA
Zoning C2 · permitted uses
C2 · Shafter, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shafter. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Jorge Fonseca
Individual
Free & Clear · 4 yrs held
Mailing address
5754 OASIS AVE, BAKERSFIELD, CA 93307-8120
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
—
Jorge Fonseca
Maria G Fonseca
Intrafamily Transfer
related
—
Jan 22, 2018
$300,000
Maria G Fonseca
Brar,bharpur S
Grant Deed
$285,000 · Bharpur S & Sinderpal K Brar
Sep 18, 2017
—
Bharpur S Brar
Brar,sinderpal
Quit Claim Deed
related
—
Sep 18, 2017
$185,000
Bharup S Brar
Wilson G & P Trust
Grant Deed
—
May 13, 2016
—
Patricia P Wilson
Wilson,gary B
Affidavit Of Death
related
—
Mar 2, 2005
—
Wilson G & P Trust
Wilson,gary B
Quit Claim Deed
related
—
Jan 24, 2005
$66,500
Aarin A Wilson
Wilson,stanley D
Grant Deed
related
—
Aug 3, 2004
—
Gary B Wilson
Handel,tr
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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